Score
0Clarkston, MI
4258 Newcastle Dr
836K
4 beds
5 baths
3,725 sqft
4 bd • 5 ba • 3,725 sf
This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$835,600
Price/Sq.Ft
$224
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This property at 4258 Newcastle Dr, Clarkston, MI 48348 boasts several impressive features. At 3,725 square feet, it's approximately 55% larger than the average home in Clarkston (2,400 sq ft). The price per square foot of $224.32 is about 10% below the area average of $250/sq ft, suggesting good value. The property appears to be lakefront or have lake access, a highly desirable feature in Clarkston that typically commands a 20-30% premium. The lot features mature trees and landscaping, providing privacy and natural beauty. With 4 bedrooms and 5 bathrooms, it's well-suited for larger families or those who frequently entertain guests. The property's location near water likely contributes to a higher quality of life and potential for strong appreciation.
The Bad
The listing lacks crucial information about the year built and specific features, which makes it challenging to assess the property's condition and potential maintenance needs. The absence of a description or room details is concerning and unusual for a property in this price range. Without knowing the age of the house, it's impossible to gauge whether major systems (HVAC, roof, plumbing) might need replacement soon. The price of $835,600 is approximately 30% above Clarkston's median home value of $640,000, which could limit the pool of potential buyers. There's no mention of garage space, which is typically expected in this price range.
The Ugly
The lack of information about utilities and systems is a red flag. If the property uses well water and a septic system, which is common in Clarkston, these could represent significant additional costs and maintenance concerns. The potential for flooding or erosion issues due to the lakefront location needs to be thoroughly investigated. Property taxes in Oakland County are relatively high, averaging about 1.5% of the home's value, which could mean annual property taxes around $12,500 for this home. The impact of seasonal tourism on privacy and local traffic patterns could be a significant downside for some buyers. Without knowing the specific lake, it's impossible to assess potential issues like algae blooms or water quality concerns that affect some Michigan lakes.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for affluent buyers with household incomes of $250,000+ annually, based on traditional mortgage qualification ratios. It's ideal for larger families or multi-generational households who can utilize the 4 bedrooms and 5 bathrooms. Nature enthusiasts and water sports lovers will appreciate the lakefront setting and mature landscaping. Work-from-home professionals could benefit from the extra space for home offices. The property could also appeal to investors looking for high-end vacation rentals, given Clarkston's popularity as a weekend getaway destination.
Not For
This property is not suitable for first-time homebuyers or those with limited budgets, given its high price point. Buyers looking for a low-maintenance lifestyle should be cautious, as lakefront properties often require more upkeep. It's not ideal for those seeking a walkable, urban environment, as Clarkston is more suburban/rural. Individuals with mobility issues might find the multi-level layout challenging. Investors looking for immediate rental income might struggle to find tenants at a price point that covers the high mortgage and potential maintenance costs.
Demographics
Area Median Income
$115,772
Property History
Price History
Ownership Timeline
$530,000Financed
Jun 13, 1995Gerald TrzoiinskiRichard & Paulette Knight
Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Financials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$1,140
Unlock Premium Features
Supercharge Your Property Analysis
Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.
Best for serious buyers
- Unlimited AI analysis
- Unlimited AI chat
- Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee
Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$835,600
Price/sqft
$224
Layout
4 bd•5 ba
Stats in the Area
Based on 1 comparable properties nearby
Average Price
$13,500
6089.6%
Your price is 6089.6% above average
Median Price
$13,500
6089.6%
Based on 1 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 0000 SHREWSBURY Drive, Orion Twp, MI 48348 | $13,500 | N/A | N/A | N/A | N/A | 7/30/2024 |
0000 SHREWSBURY Drive, Orion Twp, MI 48348
Price: $13,500
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 7/30/2024
Frequently Asked Questions
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
You
Analyze Any Property for Free
Get instant insights and potential savings on any Zillow listing.
Free Analysis
AI-Powered Insights
Instant Results
